Two Adjoining Stands for sale for development

R7,500,000
Property Details

Two residential stands, which have been rezoned and approved for 32 sectional title units. 4 blocks with 8 units each up to 3 storeys high with designated parking bays.

Currently each stand has a full title house on it and generates a joint monthly rental income of R30 000, which can assist the purchaser whilst the plans for development of the sectional title units are finalized.

Situated within walking distance to Inscape, as well as Menlyn shopping centre. Excellent location.

Property Features
Property Type
Vacant Land Residential
Land Size
2,728m²
Location
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